Atomic Wallet asks to toss suit over $100M hack saying it has ‘no US ties’
The company behind Atomic Wallet has asked a United States court to dismiss a class action suit seeking damages from a $100 million hack arguing the claims should’ve been filed in Estonia where it's based.In a Nov. 16 dismissal motion in a Colorado District Court the Estonian firm argued i ...
Crypto exchange CoinSpot reportedly suffers $2M hot wallet hack
Australian crypto exchange CoinSpot has reportedly been hacked for $2.4 million in a “probable private key compromise” over at least one of its hot wallets.According to a Nov. 8 post to his Telegram channel, blockchain sleuth ZachXBT highlighted two transactions entering the alleged hacker ...
US CFPB proposes supervising digital app providers, including crypto wallets
The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend its supervision to consumer reporting, consumer debt collection, stud ...
Victim of 90 ETH exploit set to claw funds back after hacker was blacklisted
With the help of police and cyber authorities, a victim of a hack worth 90 Ether (ETH) has gotten the attacker’s Tether (USDT) address blacklisted. As a result, they may be able to get most of their funds back. [2023/08/11 17:30] ...
Fireblocks discloses massive vulnerability affecting crypto wallets
Over 15 widely-used crypto wallet providers and projects have gaping vulnerabilities that could potentially see millions of crypto wallets drained, according to digital asset infrastructure firm Fireblocks.In an Aug. 9 press release, Fireblocks said the series of vulnerabilities, dubbed Bi ...
Only 6 out of 45 crypto wallet brands have undergone penetration testing: Report
A July report from cybersecurity certification platform CER found that only six of 45 cryptocurrency wallet brands, or 13.3%, have undergone penetration testing to find security vulnerabilities. Of these, only half have performed tests on the latest versions of their products.The three bra ...
Bitrue cryptocurrency exchange hacked for $23 million
On April 14, 2023, the technical support team of the Bitrue cryptocurrency exchange reported a hacker attack in which the attackers were able to withdraw approximately $23 million worth of cryptocurrency assets. The security specialists of Bitrue discovered a vulnerability in one of the hot walle ...
Trust Wallet Adds New Feature to Convert Crypto Assets to Fiat Currency
The Trust Wallet team has just unveiled an exciting new feature for its cryptocurrency wallet application. Users can now directly convert their digital assets into fiat currency using the app. This new functionality has been made possible through the partnership between Trust Wallet and two cr ...